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We are glad to announce that PFRS for SMEs Q&As are now available. To Access these Q&As, Click Here.
These PFRS for SMEs Q&As are adopted from IASB’s IFRS for SMEs Q&As. Q&As are adopted from Q&As are published by the SME Implementation Group (SMEIG), which assists the IASB in supporting the implementation of the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs).
The Q&As are intended to provide non-mandatory and timely guidance on specific accounting questions that are being raised with the SME Implementation Group by users implementing the IFRS for SMEs.
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Disclaimer: Opinions expressed in this article are that of the author and information provided are for general conceptual guidance for public information and are not substitute for expert advice. Contact support@philcpa.org for more information and if you want to avail professional services. Find us on Facebook!
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